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Tirupati Forge - Quaterly Results

07 Nov 2023 Evaluate
The sales slipped to Rs. 236.47 millions for the September 2023 quarter as against Rs. 265.35 millions during the year-ago period.A big decline of -52.07% was reported for the quarter ended September 2023 to Rs. 15.29  millions from Rs. 31.90 millions of corresponding previous quarter.Operating Profit reported a sharp decline to 31.81 millions from 50.67 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 236.47 265.35 -10.88 445.29 518.62 -14.14 920.30 882.36 4.30
Other Income 2.50 5.39 -53.62 3.64 12.40 -70.65 18.09 10.67 69.54
PBIDT 31.81 50.67 -37.22 56.94 101.34 -43.81 164.07 116.57 40.75
Interest 2.56 1.90 34.74 5.26 4.91 7.13 10.73 8.76 22.49
PBDT 29.25 48.77 -40.02 51.68 96.43 -46.41 153.34 107.81 42.23
Depreciation 8.65 6.32 36.87 15.70 12.76 23.04 27.08 24.29 11.49
PBT 20.60 42.45 -51.47 35.98 83.67 -57.00 126.26 83.52 51.17
TAX 5.31 10.55 -49.67 9.31 20.97 -55.60 31.98 21.29 50.21
Deferred Tax 0.39 -0.59 -166.10 -0.05 -1.29 -96.12 -1.44 -1.60 -10.00
PAT 15.29 31.90 -52.07 26.67 62.70 -57.46 94.28 62.23 51.50
Equity 196.00 196.00 0.00 196.00 196.00 0.00 196.00 196.00 0.00
PBIDTM(%) 13.45 19.10 -29.55 12.79 19.54 -34.56 17.83 13.21 34.95
Peers
Company Name CMP
Bharat Forge 1988.45
Ramkrishna Forgings 610.05
MM Forgings 493.05
Happy Forgings 1443.55
Balu Forge Industrie 550.40
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